Delhi: In a ruling that will restrict the right of women seeking equal share in ancestral property, the Supreme Court has said that the 2005 amendment in Hindu law will not give property rights to a daughter if the father died before the amendment came into force.

Mumbai: State Bank of India (SBI) chairperson Arundhati Bhattacharya on Saturday called for ending the "regulatory arbitrage" enjoyed by pure-play home financiers, which can lend below their prime lending rates whereas banks cannot.

NEW DELHI: Government departments involved in granting approvals for construction projects in cities and towns will now come out with necessary notifications by November-end for streamlining approvals for time-bound and hassle-free clearances. This will mean applicants don't have to bring their cases to Delhi for different clearances.

PUNE: On a humid weekday afternoon last month, Sunil Thube wiped his brow, sipped his tea, and glanced every few seconds at his iPhone ringing impatiently. He answered a couple of calls and gave updates on land deals he was working on.

Mumbai: Housing Development and Infrastructure Ltd (HDIL), a leading Mumbai-based real estate developer is all set to launch two mega projects in Virar (East) and Ghatkopar (East). The company will launch the first phase of its affordable housing project 'Planet HDIL' – mega smart city in Virar (East), this Diwali and another two luxurious projects in Ghatkopar (East), by end of 2015.

New Delhi: The Centre would hold discussions with the state governments about measures being taken to promote affordable housing projects for the Economically Weaker Sections (EWS) and Low Income Groups (LIG).

Bhubaneswar: Real estate developers in the state are pinning hopes on the state’s new housing policy combined with the recent Reserve Bank of India(RBI) decision to increase loan to value(LTV) ratio to revive the sluggish housing market in the festival season.

NASHIK: The Confederation of Real Estate Developers' Association of India (CREDAI) has decided to conduct business to business (B2B) meetings with real estate brokers in Nashik and Mumbai in a bid to boost real estate sector in Nashik, which has been passing through a phase of recession.

The Nagpur chapter of Confederation of Real Estate Developers Association of India [CREDAI] has organized the sixth edition of its four-day long property expo where over 4000 home aspirants thronged the expo at Rani Kothi, Civil Lines.

Mumbai: Office space absorption during the July-September period increased marginally to 10.6 million sq ft compared to the previous quarter, with Gurgaon witnessing the highest leasing activity, says a survey.

MUMBAI: Redevelopment projects on Brihanmumbai Municipal Corporation's ( BMC) leasehold plots is set to become easier, as Mumbai's civic body has simplified the approval process, and more importantly, has also set a time frame for granting permission for such projects.

CHENNAI: Even as many developers struggle to sell their stocks and complete projects in time, Casa Grande Pvt. Ltd., a Chennai- based developer, has provided exit to Avenue Venture Real Estate Fund from one of their projects off the IT Highway within 18 months of the fund's investment.

KOLKATA: Have properties in Rajarhat-Newtown suddenly become more affordable? With properties at Rs 2,600-3,500 per square feet being advertised with unfailingly regularity over the past two weeks, a decent 1,200-square feet three-bedroom apartment in a Rajarhat multi-housing complex suddenly appears more within reach at Rs 35 lakh, compared to the Rs 60-70 lakh months ago.

MUMBAI: Market regulator Sebi on Tuesday imposed a fine of Rs 7,269 crore on Jaipur-based real estate major PACL, and four directors of the company for illegally mobilising funds through collective investment schemes between September 2013 and June 2014. This is the biggest ever fine by Sebi.